With or Without Foreign Investors, we can Develop our Economy - Tinubu President Bola Tinubu has said Nigeria's economy is at a turning point and will require the steadfast support of the private sector for sustained growth and prosperity. Speaking during...

Naira Sustains Gains, Exchanges For N1255/$1 At Official Window, N1,245/$1 At Parallel Market The naira on Thursday continued to gain against the dollar, at the official window while it maintained stability at the parallel markets. At the Nigerian Autonomous Foreign Exchange...

FAAC: Debt Servicing Gulps Allocation For Ondo, Osun, Two Others   Most of the Federal Accounts Allocation Committee funds for Osun, Ondo, Kaduna and Cross Rivers states will be used in servicing debts this year. The states, as indicated in their 2024...

NBS Report: Naira Crash Pushes Raw Material Imports To N3trn   Imports of raw materials into the country rose by 25 per cent to N3tn in 2023. This is according to the Foreign Trade Statistics data published by the National Bureau of...

Fuel Subsidy: Queues Return As Backlog Stifles Supply   Motorists in some parts of Lagos faced a resurgence of petrol queues on Thursday as the Nigerian National Petroleum Company Ltd (NNPC) struggled to meet national demand due to a backlog of...

We Lost N1.5trn To FX Crisis In Six Months – MAN The Manufacturers Association of Nigeria (MAN) has said that its members have lost at least N1.5tn in the last six months to forex-related transactions. The Director-General of MAN, Segun Ajayi-Kadir,...